WSOP Down to Final Three for Tuesday Playoff

November 7, 2011

After  seven hours and 45 minutes of play on Sunday, the 2011 World Series of Poker main event is down to just three players. Pius Heinz, Ben Lamb, and Martin Staszko will return Tuesday evening to compete for the gold bracelet, and $8.7 million for the winner. Tuesday’s action will be televised in near real […]

Read the full article →

Linda Johnson and Barry Greenstein: Newest Members of Poker Hall of Fame

November 6, 2011

Congratulations to Linda Johnson and Barry Greenstein—the 41st and 42nd inductees into the Poker Hall of Fame. Greenstein has won more than $7.5 in poker tournaments, including three WSOP bracelets and two World Poker Tour wins. In addition, the “Robin Hood of Poker”—a nicknamed he’s earned through the more than $3 million in poker winnings […]

Read the full article →

Groupe Bernard Tapie to Acquire Full Tilt Poker’s Assets in Deal With US Department of Justice

November 1, 2011

Groupe Bernard Tapie and the US Department of Justice have apparently agreed that GBT will acquire Full Tilt Poker’s assets, contingent on FTP’s shareholders agreeing to this deal, which provides for the reimbursement of player funds. The following e-mail was sent this morning to Tiltware shareholders from head honcho Ray Bitar: Dear members, I am […]

Read the full article →

AP and UB Offer Plan to DOJ to Repay Players

October 31, 2011

The Kahnawake Gaming Commission issued a statement Thursday indicating that Blanca Games—the parent company of Absolute Poker and Ultimate Bet—submitted a plan to the US Department of Justice (DOJ) to repay all players. KGC said that, “over the past several weeks,” has been working on a proposal to liquidate company assets in order to distribute […]

Read the full article →

The Disassembling of Full Tilt Poker

October 22, 2011

As many as 180 employees of Pocket Kings, the Dublin-based subsidiary that provides software, information technology, management and customer support services for Full Tilt Poker, will be laid off. Earlier we reported that the company would seek to reduce its staff following a four week “consultation period” that has since passed.  This is continuing fallout […]

Read the full article →

Cancelation of “National Heads-Up Poker Championship” is Just Another Casualty Attributable to Black Friday

October 14, 2011

In another casualty that can be traced back to Black Friday, the National Heads-Up Poker Championship was canceled, according to Wicked Chops Poker. They’re reporting that this event is off the poker calendar for 2012, although NBC did not rule out the possibility of an eventual return sometime in the future. Held annually at Caesars […]

Read the full article →

WWJD … or How Did the Full Tilt Debacle Come to This?

October 1, 2011

So how did it all come down to this?  It was no surprise when the Alderney Gambling Control Commission pulled the plug a few days ago on Full Tilt poker, especially when they determined that Full Tilt misled them about their financial operations, never mind the fact that Full Tilt committed numerous acts in violation […]

Read the full article →

Lederer and Ferguson Suspended by Epic Poker League

September 24, 2011

Three days ago the fledging Epic Poker League issued a statement suspending Howard Lederer and Chris Ferguson (pictured) indefinitely, pending the outcome of the Department of Justice’s action.  Both players were named in an amended indictment filed by DOJ against Full Tilt Poker’s board of directors. The EPL’s Standards and Conduct Committee includes Martin, Tournament […]

Read the full article →

AGA Releases Online Poker Code of Conduct and Calls for its Legalization

September 23, 2011

Frank J. Fahrenkopf Jr., (pictured) president and CEO of the American Gaming Association (AGA), the organization that represents the commercial casino-entertainment industry, declared “there are no longer any good reasons to put US citizens at risk by continuing to outlaw online poker in the US,” and called on Congress to pass laws toughening enforcement against illegal […]

Read the full article →

Feds Accuse Lederer and Ferguson of Running Full Tilt Poker as a Global Ponzi Scheme

September 20, 2011

The US Department of Justice recently upped the ante in an amended complaint by accusing Howard Lederer (pictured) and Christopher Ferguson of running Full Tilt Poker as a Ponzi scheme and defrauding poker players out of more than $300 million. “Full Tilt was not a legitimate poker company, but a global Ponzi scheme,” said Preet […]

Read the full article →